Individual Retirement Accounts (IRA)
A traditional IRA is a way to save for retirement that gives you tax advantages.
- Contributions you make to a traditional IRA may be fully or partially deductible, depending on your circumstances.
- Generally, amounts in your traditional IRA (including earnings and gains) are not taxed until distributed.
CTCU offers two types of IRAs for you to choose from.
IRA Term Share Certificates
IRA Certificates are available for Members with Individual Retirement Accounts. IRA Certificates give you added flexibility within your IRA.*See current rates and full disclosures.
Everything you need to know about IRAs
Are you interested in opening an Individual Retirement Account? CTCU membership starts by opening a regular share savings account with a minimum initial deposit of $20. Once you're a member, you have the option of opening other accounts, applying for loans, and taking advantage of all the other benefits of being a member of CTCU! If you have questions or need to know which forms of ID are needed for account opening, please call us at (903) 561-2603 or email us at firstname.lastname@example.org.